HomeMy WebLinkAbout0399 Te pl~q ~nd conriniw~?~ly tNp on ~M buiid~nps now w M.~~hM N+wh or u+d I~nd and on alt ~qviprewm ~nd p~nawlly cov~.~d br N~ ewr+q~
~ whh ~N pMniwn~ Hw~wn pa~d i~ fu14 t'u~ inwr~e~c~ in ~M wwl ~urdard policy fam, in ~ aww •pp~owd b~ tA~ MOJtIGJ1GEE, and w~torm
bwrMa N ~he uwd ~andard pol~cy fan~, in • wm ~pprov~d by tM MORiGAGEE. in wcA company o~ oornpan~ M tM MORTGAGEE nwy
~~nd all fk~ ~nd wind~rorn~ inswa~+n potKi~s a+ ~ny ol wid bu~~dMp~, ~np Inhru~ tl~ein w pah tMnoi. in ~M app.p~k w~n ~for~said a •
In ~Mrw1. ~Aall contain tlw ~wl sandsrd ~nwtpapw tbuk w wch atlw clw~ a ti+~ Mo.~y~pM ~nay ~pu~n, nMkinp th~ 1ws unda ~e~d po1F ,
dM. wch ~nd w~.y. WraW~ a ad MORTGAGEE as in i~hr.s~ nyr ~PP~~?. .nd .acA ~nd w..y wch po~~cy ~Aall b~ p.ornW~y a.•~d and ddiv.nd w ~
~hr A~W by wid MORiGAGEE a funh.r secwity ro ~aW maq~ d.br. ~nd, oa I~ ~ha+ Ne (10) da~n in ~~nca ol ~h~ ~spir~tion of McA pol~cy. b d?
iiw~ ~o ia;d AApRTGAGEE • ~~w~l tM~wf. ro~~h~ wi~h • r~up~ fo? NN p~~eniwe of weh ~v~wa1J ~nd rl~~ ahatl b~ no f'a~ a wieds~w~n irawana
W+ad on any of wfd buildiegs. ~^Y interyt tMr~in w pM1 ther~of. vnl~a in tM Iwn~ and with ~M bu pay~bl~ a~ta~~ds w~d in t1?~ ~wnt aMr swn
of ~nawy b~cana p~yablt w~ wdi polky a pol+cla s~id N10R1GAGEE ~MII haw ~M opNon b nc~iw and pplr fh~ srn~ on ~ooowu d IM ind~bad~
~ ~MM Mw~~d Mt~ or b pMrnit w~d MORTGA~ORS ro noe~v. and us~ N a any pKt ~hereol for ahe? pu.poses, w~~hout ~hr.ebi wai~~~y a Nnp+i~-
Mw «w ~M. rip~u w~d~? a by virtw o~ Nw ~narpp~r and in tlr ~wnt wid A10RI('sAGOitS ~Aa!! fa ~ryr naon f~il to kNp tM s+~d p.«ni~s w
~w~d, p f~il b d~livN promP~~Y +~Y of said polic~es of t~swanc~ fo said MORTCsAGEE. ot fail prompfly b pay fully ~ny pr~.niu~n tF~~fw or in any
rMp~tt hp b p~riorn~, disclwp~. ~xecuq. ~N~ct, canPl~t~. oomplr with and ~bid~ by tl+ia oov~.?~nL a~+y part M.~of. sa~d MORTW?GEE nwy pl~a ~nd •
palr for wth Mrw~no? o~ ~ehr pirt tMrlof without w~hiwq a~ffeeN^D anf? opt~on. ~i~ puib, w rqhl w+dM a by vi~tw of thts Map~. w~d the
full rnow+~ of ~ch ~d rwry ~ Wr~~ ~hall b~ inr+wd~~tNy dw snd p~yabN u~d sl~all b~ im~Nt fran tly daa thawf until paid a HN ~a~ ol
nin~ pN antwe pM ~mum ~nd to~tha wirh aech inrerest ~I+all b~ atcwed by t!N llt~ a! thiq inorpp~.
~ To pKn~it. oo~nmlt or wffM oo wat~ trnpairm~nt or d~teriw~tion' of said propNt~r a~ny prn thaeof.
3~ To phr dl and sM~pdar Hr oosrs, chupes ~nd ~xp~ns~s„ includirg • na~l~ ~~torn~y'~ f~e ~nd aoib oF ~bMS of titl~. incw~~d w paid it
«?y tM+N by ~+id MORTGAGEE. b~cws~ or tn ?M .v~r?~ of ~h. f•ilw. on U+~ pa~ ot ~M said MOitTGAGOR a duly. WomWh and tu~h? w~~am. d~cA+.~
~aKVf~, oomPleN, oomptY wifA and abide bp ~ad~ a~d w~ry the stip~latiaq. aprNnwnq, cad'diqr. Md aow~nM oi Mid proe~iswry noN and Ihu
^a~qW~ ~nY w~i~. ~nd s~id cw?a. chuy~s ~nd ~xpN+aes, ticA and w~ry. ~Iwll b~ imnNdiately dw a~d pay~bN: wh~eher a na tMre b~ nwia dr
m~n4 arMenp a adl~et or a?ir PM+~4^~r snd rM (ufl Knoum of Ncl+ snd ~wry wch Wrm~m sM11 br.? innr~a~ f.o~ rA~ dare 'tA..eot un~i1 p~id rhe
r~re of ew» pK cenwm p~r anrwm; ~~d all ~aW oosn. ch~rya and txpen~ incvr~ed w p~id. 1o~t?Aa w~M such int~nst. shrll ~ s~cw~d br th~ lia~ of tAd
^qrtYp~•
6. llul (a) in the ~wnt of n+y bre~ch of this Mw~yap~ a d~fwh on th~ parr of tM MORTGAGOR, or tb? +n th~ ewm ~ny of w:d'suna of nw~ry
h~nin nf~rr~d a b~ eo1 promptly N+d fuly paid wi~hin tlwty (30) days MXI aNll fllf ~M1N N~'l/~iy becom. d~s ,,,d P.y.bi.. w;~lwur d~nrnd o~ nwip.
a W In H+~ w~m e+d+ ~nd ~wry tM stipulatbns. +yr~en~nn. conRitioro ~nd cov~na o1 u~d panis~wy na~ and Nws nwrqp~ a~r a eitMr ~n na
~h. ~~PNY a++d fu1M Pe~fonnad. disd~uy~d, ~ascvtad, ~lf~tt~d. tomAl~t~ tonpli~d wi~A ae?d ab~ded 9y. ~Fw~ in ~ith~r a any sud+ w~ant tl~ w~d ~g
Yrp~t~ ~wn o»ntion~d in aid pomis~oey not~ then ~~maini^~ ~nW~d. with int~est atawd. M+d NI moMyi s~cw~d har~by. shall b~oo?ee du~ ~nd WY-
abb fonhwitl~, a rl,Keahe., at tM option oi said MORTGAGEE, a futly •nd oompl.kl~ if all of rM aaid swns of monsy wer~ wipinally sripuwad
ro b~ W~d on wcA d+y. +nYthinp in sa~d pran~ssory noe~ a in Mis 1Morp~ to tM ca?hary nwwitMtqdi~p: ~nd eherwpw+ a Mereafter a~ rM op~ion of
aid MORTGACEE, wiHwvf no~ic~ o. d~mu,d, wit a~ I~w a in puity, therefon a tlwaNa beyw+, may be pro~ecvted a if dl moneys s~cwd Iw~by
h~! matwd p+a ro;ta Imlitutan.
7. iMt in .tM wMt tMt ~t t1+~ bpinnug of a d My rim~ p~ndinp ~ny suit epon tl~is Mort~. a b f~orsclow N, or q nlonn h, or to ~nfo.p .
D~Y~M of wiy d~ina Mrwnde?. ~aid MORTGAGEE shall ~pply to tM Cou?t Mvinp jwiad;aion ther~of fa tir ~ppoa+~nwnt d~ Rec~ivK. wrch Cou.t ~hall
lo~tl~whh ~ppoist a aah~r oi aald mortpy~d P~opertY ~11 u~d iinpulu. fndud~np ~11 M+d irgvlar tM" ieKOm~ profin„ Ia~,M and nv~nws fran vrhat~ve~
wuru d~riwd. tach ~nd ~wry of wh~ch, it beirp ~~pressly ur~ntood. p her~by enorp~y~sd a N sqcifically ~et iath and dMtr~d in t!r pr~ntinp a~d
1»b~ndwn clausa hK~of. ~nd svcl+ Rec~iv~r sMll i»vs all tM brod s~d sffectiw fv~ct+ons and powth in anywiM ent?~»f~d py ~ Cpirt b~ Ret~ivn. W?d
wch ~ppointnrnt ~MII b~ m~d~ by suth Gaxt a an ~dmintd eq~7ry u+d ~ m~mr of ~bsolu» rigM fo wid MORTGAGEE. and without nfKMa w th~
~d~quacy w kwdequacy of tht vdw of tl+~ Prop~.h mor~p+~~d or to tM ~W~r~nqr a inw~vency of wsd MORTG1lGOR a tM d~f~+d~+ts. ~rd thN wch
nnM~, ptofif~, Moorn~. is~w~ ~nd rwaMra ~hal! b~ appli~d by sueh R~tsiw~ +aardirg ro th~ li«? w~quity of said MORTCsAGEE ~nd 1M pndit~ of wch
CouA.
to duly. p~anpty ~nd ivtlp paform, dacha.pe, exea?t•. .ff~N, oomPlN~, opndy wiM and ~WeM by wch ~nd w~ry th~ atpubttomr ~nMts„ z
aondNbns ~nd covawiNS in wid prar~sory eot~ u~d this n+o~pap~ wt forth. `
9 ThN b fti ~van~ th~ own~rship d rh~ ^rortp~d pwn;~s. a? ~n~r P~rt tMr~of, b~oonw v~s+~e! M• p~.wn alw ~h~n th~ MORTGACsOR, tl+~
MORTGI?GEE, ta wocwon ~nd nsipn., m+Y. wirl+ow nouce ro M. MORTGI?OR, d.al with ~++ch woassor or waes~or in inta.a wiM r~fN~no. fo_tha
mortOp~ ~nd tM d~b1 Mrtby sKUr~d in th~ t«t» maniNr u wiM Mor~paQp? wi1AwA M~ny war vNi~1M~p or dadwpin~ th~ Mortpapott• Wbilily 1~?~.
undv a upon rM d~W Mnby s~cw~d. No wl~ of ~I+~ pr«naN Mnby mo~p~p~d ~nd no fabwrMa on r!» pwt of H+~ MOt?GAGEE w ih woaswn
a~Iprr ~nd na ~xtMrlon of d» rfnw fw rir p~yn,~nt of tM d~b~ M.~ s~cw~d plwn by tM MORTGAGEE a ib wooMwn ar
?N~~M, ~d~rp~ nw~h dw^D~ a~ffW th~ o~ipind liibifity of th~ MORTGAGOR Mnin„ ~ithK in whob w N p~rt. ahN! op~r~N
10. h M~p~ciAcdh ~Qn~d tfiN tl~ N of th~ esa~++c~ of MM aomract ~nd tMt no vwtwr of ~ny oblipstion MrMw~ a of th~ obltp~tlon ~r
aK~d h~nbp ~Iwll tl~ny tYrw tlwreah~r b~ Mld b b~ ~ w~ivw of tM Nrnr Mrwf or of th~ irWn~n~m war~d hrby.
11. In addition to th~ fwpo:nq monthh p~yme~t~ of prine'pd ~nd GntNNt ?pu:rd b~r thf proeninory rqt~ keur~d h~r~py, ee~o~tpp~r
.nd .pr~ ro p~y ro monp.p.. w~~h ~aeh m«+rhlr wY~^~ •n .dd~rional ~wn Ntien~t~d bY nar*o+pM to b~ pwl w 1/12 of th~ ~rrwd eost of tl» follow-
~q~ .
A-All rNl prop~rty tax~s (wied w~ne~sad pain~t t1~e ~bov~ dacribed ~1 ptat~.
6-?~Mnium~ Oa fit~ ~nd wind~torm i~M~Minct tt F~Oirt rpu~?ed b b~ u?ried on th~ impro~wn~nM sitwt~ on th~ ~bow dao~b~d pr~~.
C-frnni~xm on wcA n+orty+y~ pwra~ty insw~nu ~s mort~pk ~h+I! from t~ ro tien~ ds~rn fit 1o urry on tM ioan iecwed h~~by.
N1aq+QN ~hail from ~irew to tinw earify morty~pw in writ~np of th~ ~n~ount dw and p~yabb I~~w~der ~nd wef~ wm sMll tMrwpon b~ dw ar?d
payabb on tM dw da» of rM n~xr monMiy Wymcnt ~nd ~ach wcusdw n+onrh rh.nafr~r until mwpapr~ shaU nor;h mon~+por of •~},+^Q~ In wch
~mount. Sucfi wer sh~il b~ ~pplied by monpayee towa.d the paym~nt oT nal proptrty H:N, imw~na prem:w~u. ~nd '~+p~ 9uara^b irqu?~nn
P?M++iMn~.
IN WRNESS WMEREOF, th~ s~id AAOR7GA60R ha l~wmo ~N hi~ hand and s~l H~ d~y and ~r f&st ~fonNid.
Slprrd. Swl~d ~nd dd d in th~ prwnn' of:
' fIlEO ANS RECOROEQ
' ST. LUCIE C4UNT~ FL~ ~
pOGE~ P81TRA5 ~
Cl f R~ CiFCUtT CQUR
- . . ~ •,.cSEO ~
STATE Of fWRIDA DEC 9 iv AN ~T~°rothy Moerbeck _
St. LucieV ~
courrrr of
~,f„~ p.,,o,,,~~y ,~,,,d Har old a. Moerbeck ~
Dorothy B. MoeYbeck k~ ~ k~w~? m~. w b.
rh~ k~dlvldu~b d~wib~d tn ~nd who ~~ua,t~d th~ forpoinp Mstrum~nt, r+d ~duio~wt~d~d b~tan n» thn tM~r wcvMd ~M wn~ for th~ pwpo~
K+.?.1n .sp.w.d. ~?na ~h, a~ Dorothv B. Moerbeck
et ~ ..td Harold S MoQrbeck ~ ~ ~ ~
•x~nWwrion by nw tak~n ~rs1~ u~d ~p~A fran h~r uW Mhb~nd, aknowNdp~d a Md b~tan nr NW ~M wart~d a~W tnan~wrwM fr~Ny and wloo-
~Ni~r «~d wi+how ahr aonpublon. ea+~tr.teu, ~ppr.l+.n.ien. « fw? of or from M. w1d I~b«d.
WITNESS mr Mna .nd offkld ...t - I4 d,y ~ December 0. 19 77
fvbtk in ~nd th~ S1aN d Hotids ~t L~
R~twn To:
Fkp F~drnl Swtnps i Lo~n Aswciaran ~jpt~ry ~Yb~lt. ~1! 0~ ~O~i~i ~t ~i~!
O/ f0/f PiKU. (p~l10~ Y• h~
fon PIKd. Flafda rIL~ 4 wlllw ~ a~i~l~f fi~¦wR
-
~ ~ '
Thit Instrument Propared By Richard K.Kayes - .
First F~d~r~l Savin9s b losn Associetion =
of Fort Piero~ ~ ":~c ~ ~ . _ -
Fort Pierce, Fl~arids 33450 - . ' `
Checked By ~ $Q(~(~. #s7 ~F ` :
( ~ . -
bp